Inventory Manager

Tractor Supply Company; Brentwood (TN); Hybrid; USD 85,000 - 120,000; Full time

Job summary

Tractor Supply Company in Brentwood, TN is seeking an experienced Inventory Manager to lead a team of inventory analysts and drive replenishment, inventory flow, and allocation strategies.

You will partner with Buying, Merchandising, Transportation and Store Operations to align on promotions, assortment and inventory targets, maintain Open to Buy, and maximize turns and service levels across stores and distribution centers.

Qualifications

• Forecasting, replenishment and inventory management experience.
• Bachelor’s degree in related field.
• Experience in retail or store operations preferred.

Responsibilities

• Lead replenishment and inventory strategy to support plans.
• Collaborate with Merchandising and cross-functional teams.
• Develop seasonal builds and inventory budgets.
• Monitor Open to Buy and Open to Spend.

Skills

Forecasting

Replenishment

Supply chain

Merchandising

Analytics

Team leadership

Excel

SAP

E3

Inforem

Intactix

Education

Bachelor's degree

Tools

SAP

E3

Inforem

Intactix

Job description

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This position is responsible for maximizing return on inventory investment by leading a team of inventory analysts tasked with effectively purchasing, flowing, and allocating inventory. The position is accountable for delivering sales and margin goals through impeccable execution of the Merchandise Department’s sales, profit, and growth strategies. In addition, the position will maintain cross functional department affiliations to further the success of Inventory Management.

Essential Duties and Responsibilities (Min 5%)

• Manage and support the implementation of the replenishment and inventory strategy to support assortment, merchandise, and promotional plans while achieving key metrics.
• Collaborate with Divisional Merchandise Manager, Buying Teams, Merchandise Planners, and other cross functional departments such as Transportation, Supply Chain and Store Operations to support promotional events, replenish inventory, and make inventory recommendations regarding business trends.
• Leadership:
  • Hire, train, and develop team members.
  • Provide feedback and coaching to the team to ensure accountability for results and compliance with best practices including forecasting, profiling, and replenishment by utilizing exception-based reporting and analysis of key metrics.
  • Model TSC Values and create positive, productive work environment that enables the team to provide the maximum return to the organization.
• Develop and monitor the execution of seasonal builds and exit strategies to maximize inventory turn and service levels.
• Review buying multiples, minimums, site/article set up, replenished forecasts, and vendor maintenance to optimize inventory performance.
• Coordinate and assist in the execution of inventory decisions, vendor projections, and inventory budgets to maintain the Open to Buy and Open to Spend.
• Oversee planning and execution of article-site inventory at stores and DCs for Merchandise Division.

Required Qualifications

Experience: 6+ years’ experience in forecasting/replenishment, supply chain management, merchandising, field operations, logistics or store planning, preferably in a retail environment (preferred).

Education: Bachelor’s degree in supply chain management, logistics, finance, business, statistics or related field. Any suitable combination of education and experience will be considered.

Professional Certifications: None.

Preferred knowledge, skills or abilities

• Excellent computer skills (Excel, Word, etc.) and prefer experience with replenishment/forecasting systems (SAP, E3, Inforem, Intactix, etc.).
• Experience in high article count retail systems and processes.
• Successfully complete internal E3 certification and training program within first 90 days in position.

Working Conditions

• Hybrid / Flexible working conditions

Physical Requirements

• Lifting up to 10 pounds
• Walking

Disclaimer

This job description represents an overview of the responsibilities for the above referenced position. It is not intended to represent a comprehensive list of responsibilities. A team member should perform all duties as assigned by his/ her supervisor.

Company Info

At Tractor Supply and Petsense by Tractor Supply, our Team Members are the heart of our success. Their dedication, passion, and hard work drive everything we do, and we are committed to supporting them with a comprehensive and accessible total reward package. We understand the evolving needs of our Team Members and their families, and we strive to offer meaningful, competitive, and sustainable benefits that support their well-being today and in the future.
Our benefits extend beyond medical, dental, and vision coverage, including company-paid life and disability insurance, paid parental leave, tuition reimbursement, and family planning resources such as adoption and surrogacy assistance, for all full-time Team Members and all part-time Team Members. Part time new hires gain eligibility for TSC Benefits by averaging at least 15 hours per week during their 90-day lookback period. The lookback period starts the first of the month following the date of hire. If the 15-hour requirement was met, the benefits eligibility date will be the first day of the month following 4 months of continuous service.
Please visit this link for more specific information about the benefits and leave policies applicable to the position you’re applying for.

Our Mission and Values are more than just words on the wall - they’re the one constant in an ever-changing environment and the bedrock on which we build our culture. They're the core of who we are and the foundation of every decision we make. It’s not just what we do that sets us apart, but how we do it.
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We believe in managing your time for business and personal success, which is why we empower our Team Members to lead balanced lives through our benefits and total rewards offerings. Forfull-time and eligible part-time TSC and Petsense Team Members. We care about what you care about!

A lot of care goes into providing legendary service at Tractor Supply Company, which is why our Team Members are our top priority. Want a career with a clear path for growth? Your Opportunity is Out Here at Tractor Supply and Petsense.